Professional Services Accounting in Burlington, Oakville & Hamilton

When you’re running a professional practice or technical consulting firm,  it’s easy to get wrapped up in the day-to-day operations of your business and lose sight of the financial side of things. How can you keep up with the growth of your company if you don’t have a clear picture of where it stands?

Our team of professional accountants and advisors have decades of experience in the professional and technical services sector, and know exactly what it takes to help you get where you want to go. We work with you to create an effective system for all stages of the business journey, from just starting out to preparing for retirement. Our team can help you:

• Maintain financials so that you can stay on top of your revenue and expenses
• Make sense of complex data so that you can make smart decisions about your business
• Determine whether or not it’s time to expand or contract based on the current state of your finances
• Create financial projections so that you can see what the future holds for your company

• Tax planning and tax compliance services
• ERP Project Management
• Developing working capital management strategies
• Cash flow analysis
• Audit, review, and compilation services
• Operational performance reviews and process improvement
• Daily general ledger maintenance
• Operations management
• Payroll advice and consulting
• Mergers and acquisitions consulting 
• Profit enhancement strategies
• Financial analysis and reporting
• Strategic business advisory services
• Estate and succession planning
• Risk management

Every professional service firm has its own unique needs and set of challenges. When you’re in the professional and technical service industry, those challenges are amplified by the fact that you’re dealing with people’s lives and livelihoods.

Here are just some of the challenges we see facing professional service firms today:

• Inaccurate accounting and billable hours
• Poor collaboration between departments and staff members
• Lack of project visibility across teams
• Managing cash flow and receivables
• Improperly managed resources
• Customer acquisition and retention
• Labour shortages

Our range of tailor-made solutions are designed to meet each individual client’s needs. Contact us today for more information on how we can help you.

Whether you are looking to retire, sell, or transition your company, a succession plan will provide a strategic map for a smooth transition. Succession plans tell your employees what will happen next. They involve everyone in the company and outline who will be responsible for specific tasks or areas of responsibility when you leave, how those responsibilities will change over time, and who will take over after you leave. This helps ensure that new owners or managers are able to keep things running smoothly without making drastic changes that could harm the longevity of the company.

Every business needs a succession plan. Whatever your situation, there’s a lot that goes into a smooth transition – and a professional accountant can help with all of it.

Learn more and plan for the future with our succession planning services.